Employee Option definition
Employee Option means an Option granted pursuant to Section 5.
Employee Option means a Company Option that was granted to the holder in the holder’s capacity as, or had vesting tied to the holder’s performance of services as, an employee of the Company for applicable employment Tax purposes.
Employee Option means a Company In the Money Option granted to a holder in the holder’s capacity as an employee of any member of the Company Group for applicable employment Tax purposes.
Examples of Employee Option in a sentence
This Employee Option Agreement shall be governed by and construed in accordance with the laws of the State of Delaware without reference to principles of conflict of laws.
The failure of either party hereto to enforce at any time any provision of this Employee Option Agreement shall in no way be construed to be a waiver of such provision or of any other provision hereof.
The terms below shall have the meanings ascribed to them below when used in the Employee Option Agreement.
This Employee Option Agreement may be executed in two or more counterparts, each of which shall be an original but all of which together shall represent one and the same agreement.
This Employee Option Agreement cannot be changed or terminated orally.
More Definitions of Employee Option
Employee Option means any option to purchase Common Stock for cash, which is granted by or with the approval of the Board to any director, officer, employee or consultant of the Corporation or any subsidiary of the Corporation pursuant to (i) the Corporation's stock option plans disclosed in a schedule to the Purchase Agreement and as in effect on the Closing Date or (ii) any other option plan adopted by the Corporation after the Closing Date with the approval of the Majority Holders or the Series B Directors (collectively, the "Stock Option Plans").
Employee Option means an option to purchase shares of Common Stock issued under the Option Plan or other equity award plan of Holdings.
Employee Option means each Company Option granted to a holder thereof in such holder’s capacity as an employee service provider of the Company or any of its Subsidiaries for applicable employment Tax purposes.
Employee Option means each Company Option that was granted to the holder in the holder’s capacity as an employee of the Company or its Subsidiaries for applicable employment Tax purposes as specified in the Closing Consideration Schedule.
Employee Option means an option to purchase Stock granted pursuant to the terms and conditions of Article 5 below.
Employee Option means an option granted pursuant to the Plan to an individual who, at the time of grant, is an employee of the Company or any of its Subsidiaries.
Employee Option means a Company Option granted to the original holder thereof in such holder’s capacity as an employee of the Company for applicable employment Tax purposes or who received such Company Option in his or her capacity as a Company Employee.